Canada Renewable Energy Tenders

Canada's renewable energy market is thriving, with renewables accounting for over 22% of the country's total electricity generation in 2022. This is expected to reach 40% by 2030, driven by abundant natural resources, declining costs of renewable technologies, and a strong commitment to environmental sustainability.

The Canadian government is a major proponent of renewable energy, with a target of achieving net-zero emissions by 2050. The government actively supports the renewable energy sector through various procurement initiatives, including:
The Clean Power Regulations, which require electricity providers to purchase a certain percentage of their electricity from renewable sources
The Pan-Canadian Framework for Clean Growth and Climate Change, which sets targets for renewable energy capacity and greenhouse gas reduction

The Canadian government procures a wide range of renewable energy products and services, primarily focusing on:
Hydropower: Canada is blessed with abundant hydropower resources, accounting for over 60% of the country's renewable electricity generation.
Wind energy: Wind power is rapidly expanding in Canada, with several large-scale wind farms commissioned across the country.
Solar energy: Solar energy is gaining traction, particularly in residential and commercial applications.

The top authorities overseeing renewable energy procurement in Canada are:
Natural Resources Canada (NRCan): NRCan leads the federal government's efforts to promote renewable energy development and implementation.
Public Procurement Canada (PSPC): PSPC manages the government's procurement activities, ensuring that renewable energy products and services are considered.
The Canadian Renewable Energy Association (CANREA): CANREA is a national industry association that advocates for renewable energy policies and supports the growth of the sector.

Major companies that have secured significant renewable energy procurement contracts in Canada include:
TransAlta: TransAlta is a leading renewable energy developer and operator with a portfolio of hydropower, wind, and solar assets across Canada.
Enbridge: Enbridge is a diversified energy company with a growing renewable energy portfolio, including wind and solar projects.
Brookfield Renewable: Brookfield Renewable is a global leader in renewable energy with a substantial presence in Canada, including hydropower, wind, and solar assets.

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